Real Estate

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Mall Supply in 2020: 5 Launched Across India So Far

Severely impacted by Covid-19, Indian cities in 2020 saw the addition of just five new malls spanning ~2.75 mn sft area. Among the cities that added the new mall supply are Gurugram, Delhi, Lucknow, and Bengaluru. The supply is far less than the previously predicted numbers. “Before the Covid-19-catalyzed lockdown in March, our research indicated

  • November 17, 2020
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Magicbricks Launches Rental Solutions

In a bid to widen its property services marketplace and consolidate smart solutions for homeowners as well as tenants, property site Magicbricks has launched a range of rental solutions. The company has unveiled its Rental Agreement, Tenant Verification, and Pay Rent. The new rental products, it said, are aimed at building a “fair” and “transparent” relationship between landlords and

  • November 10, 2020
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India will Spend over Rs 37 Trillion a Year to Accommodate Population by 2030: Report

The country will spend $500 billion (Rs 37 trillion) a year by 2030 to accommodate its rapidly expanding population, according to the latest report by the international construction and consultancy firm Mace. The report, ‘A Blueprint for Modern Infrastructure Delivery’ states that since the global Covid-19 pandemic took hold at the start of 2020, infrastructure

  • November 4, 2020
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Housing Sales Set to rise 35% this Festive Season

Previous year trends suggest that housing sales across top cities in the festive quarter (Oct-Dec) mostly saw an uptick – anywhere between 5-10% – over the preceding quarter. This is largely because the festive season is considered most auspicious for property buying in India and developers also roll out various schemes and offers to fuel

  • October 15, 2020
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Developers Explore Coworking Spaces in Residential Projects

Amidst several Covid-19-induced changes within the Indian real estate, many developers are now mulling the viability of incorporating coworking spaces in their residential projects to align with the new work-from-home (WFH) realities. There are at least two possibilities – retrofitting co-working spaces into existing clubhouses, and incorporating such a feature at the very design stage

  • October 6, 2020
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SaaS: Technology to Boost Real Estate

With Covid-19, real estate developers in India are suddenly faced with the need to rapidly adopt technology to get property sales going. Anarock research indicates that while homebuyer enquiries have increased by more than 50% post the nationwide lockdowns, a large part of these enquiries is generated online. By Sunil Mishra This is unlikely to

  • September 14, 2020
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Covid-19: A Kick-start to the Second Homes Market?

The Covid-19 pandemic may be giving a new lease of life to the previously lacklustre second homes market. Urgent travel to motorable holiday destinations brought on by prolonged travel abstinence and outright claustrophobia is only one aspect. ‘Revenge tourism’ has helped the hospitality sector in motorable holiday destinations around the large cities. By Santhosh Kumar

  • September 9, 2020
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Self-storage – Collateral Beneficiary of the Covid-19 Era

Covid-19 has changed the course of the Indian real estate in many ways. While regular commercial real estate is under pressure, there are new opportunities for some emerging sectors in the country. In the post-pandemic world, the self-storage segment is a direct beneficiary of an otherwise disrupted real estate marketplace. By Pratyush Pandey What is,

  • July 31, 2020
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